Established in 1907, makes loans available to qualified women who desire higher education and are in need of financial assistance. An applicant must be recommended by a local chapter of the P.E.O. Sisterhood and be within two years of completing her course of study. The current maximum loan values are: $12,000 for a non-degree accredited program, an associate or a bachelor degree, $15,000 for a masters degree, and $20,000 for a doctoral degree. The interest rate as of March 2018 is 2% and the loan must be repaid six years from the date of issue. Following the graduation date originally stated on the application, interest will begin accruing and will be billed on an annual basis. Interest accruals and payments will not be deferred if the student continues with further study. To contact ELF in Alberta and Saskatchewan, email: Susan Detmer

For additional information, visit the P.E.O. International website.